Brookfield Property Partners’ Q3 2026 net loss widens to USD 617 million on retail valuation losses
BN•BN•BN•BN•Brookfield Property Partners reported a third-quarter 2026 net loss of USD 617 million, up from USD 301 million a year earlier, primarily due to U.S. retail valuation losses.
Brookfield Property Partners’ management attributed its USD 617 million third-quarter net loss primarily to U.S. retail valuation losses. The loss widened from USD 301 million a year earlier, reflecting updated leasing assumptions and valuation metrics aligned with market conditions.
Interest expense fell USD 213 million, primarily due to investment deconsolidations, debt transferred to buyers and debt repayments. The nine-month net loss widened to USD 600 million from USD 476 million, driven by higher valuation losses and property disposals; higher earnings from equity-accounted investments, supported by valuation gains, partly offset the deterioration.
